Question 1
"I want the dwelling protection of an HO-3, but I also want open-peril coverage for unscheduled household contents," says an owner-occupant. The best form match is:
Show answer & explanation
Correct answer: B - HO-5 Comprehensive Form
10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The WY-PC exam has 150 questions and runs 2 hours 30 minutes.
These 10 free WY-PC questions are organized by exam domain, so you can see how each part of the Wyoming Property & Casualty Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
"I want the dwelling protection of an HO-3, but I also want open-peril coverage for unscheduled household contents," says an owner-occupant. The best form match is:
Correct answer: B - HO-5 Comprehensive Form
Following a covered fire, a printing company's restoration ledger shows four expenses. Identify the item treated as a continuing normal operating expense under business income coverage rather than as extra expense.
Correct answer: D - Rent that remains due on the damaged premises
A homeowner purchases NFIP building coverage effective at closing while increasing the mortgage on the home. Two days later, river overflow inundates three acres of normally dry land, including the insured property. Which conclusion is correct?
Correct answer: A - The loss can qualify without the ordinary 30-day waiting period because the coverage was purchased with the mortgage increase.
A commercial building has a replacement value of $800,000 and an 80% coinsurance requirement. The insured carries $480,000 of coverage. A covered loss is $160,000, and the deductible is $5,000. With no other coverage issue, what is the insurer's payment?
Correct answer: C - $115,000, applying the coinsurance penalty before the deductible
An inspection report notes heavy grease buildup. The restaurant owner admits ignoring cleaning recommendations because "the insurance will take care of a fire." The physical condition is a physical hazard; the owner's attitude is:
Correct answer: A - Morale hazard
After a windstorm opens part of a store's roof, rain is entering. Emergency personnel have declared the premises safe, but the adjuster cannot arrive until tomorrow. Which action best satisfies the insured's post-loss duties?
Correct answer: C - Arrange reasonable temporary protection, document the work, and keep expense records.
A homeowners applicant receives a higher premium partly because of a consumer report. The FCRA adverse-action notice must include:
Correct answer: D - The reporting agency's name, address, and telephone number; notice that it did not make or explain the decision; and the applicant's dispute and 60-day free-report rights
Claims-made CGL timeline: retroactive date January 1, 2024; bodily injury occurred in June 2023; claim first made and reported in October 2026 during the policy period. No other exclusion applies. The coverage result is:
Correct answer: B - The claim is not covered because the injury occurred before the retroactive date.
A repair shop keeps a customer's car overnight. A sudden hailstorm damages the car, and the shop was not negligent. Which garagekeepers basis is designed to pay regardless of legal liability without first requiring the customer's own physical-damage insurance to respond?
Correct answer: C - Garagekeepers direct primary
An employee suffers a compensable work injury and receives statutory workers compensation benefits. The employee's spouse then sues the employer for loss of consortium arising from that injury. Subject to policy terms and applicable law, which coverage is intended for this claim?
Correct answer: A - Employers Liability, Part Two
The WY-PC exam also covers these domains. Drill them in the full free practice test:
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